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Brazil launches economic reforms with privatizations

  Brasília / AFP Brazil announced a series of auctions and tenders aimed at privatizing infrastructure — part of new President Michel Temer’s plans to revive the moribund economy. Under the new program, four airports will be put on the auction block this year, along with two port terminals. Tenders in the transport and mining sectors will also be up ...

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US billionaire echoes Rhodes with China scholarship

  Beijing / AFP A US billionaire’s giant gift to one of China’s top universities for a programme echoing Oxford’s Rhodes Scholarships comes as the country seeks to boost its schools’ prestige while tightening ideological control in classrooms. Tsinghua University in Beijing inaugurated its new Schwarzman College at the weekend, named after the co-founder of the Blackstone hedge fund Stephen ...

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Argentina woos investors at ‘mini Davos’

Buenos Aires / AFP Argentina opened a major investment conference, seeking to persuade executives from the world’s top multinational corporations to bet on Latin America’s third-largest economy and its new center-right government. With Argentina stuck in recession, President Mauricio Macri is keen to show foreign investors that things have changed since he took office. The former businessman took over in ...

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